Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Luella area can be challenging. Home prices in Luella are now at a median cost of $216,619, lower than the Texas average of $235,268.
The average cost of rent is $952/mo in Luella, primarily driven by the current value of real estate in the Luella area. While nearly 58.68% of residents own their homes outright in Luella, 7.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Luella is $7,289 per month. Households that rent pay about 13.06% of their income on rent here. Luella's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- White Mound, TX: equally priced homes
- Howe, TX: less expensive homes
- Sherman, TX: less expensive homes
- Tom Bean, TX: less expensive homes
- Smith Oaks, TX: less expensive homes
- Kentuckytown, TX: higher priced homes
- Dorchester, TX: less expensive homes
- Knollwood, TX: equally priced homes
- Bells, TX: less expensive homes
- Cannon, TX: equally priced homes
Cities with Similar Populations
- Gnat Hill, TN: less expensive homes
- Tompkinsville, AL: less expensive homes
- Tomahawk, AR: less expensive homes
- Tolley, ND: less expensive homes
- Toliver, KY: less expensive homes
- Tokio, AR: less expensive homes
- Toga, VA: less expensive homes
- Toddville, MD: less expensive homes
- Tobin Location, MI: less expensive homes
- Timothy, TN: less expensive homes
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